PRODUCTION PLANNING AND CONTROL Assignment A Marks 10 Answer all questions. 1. a) Explain the forecasting process? What are the techniques for monitoring forecasts? b) Explain various forecasting models. a) A planning tool that helps management in its attempts to cope with the uncertainty of the future, relying mainly on data from the past and present and analysis of trends. Forecasting starts with certain assumptions based
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1. What are the advantages of the re-engineering method of implementing ERP? Advantages of reengineering method of implementing ERP The five reasons why business process reengineering should start before your ERP implementation: • Maintain your competitive advantage. Yes, your current enterprise systems are probably a mess . . . if they even exist. You probably have a ton of spreadsheets, manual workarounds and other inefficiencies that make you wonder how your organization has managed to survive
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AGGREGATE PLANNING I. Introduction A. Intermediate Planning B. The Concept of Aggregation II. The Purpose and Scope of Aggregate Planning A. Demand and Capacity B. Inputs of Aggregate Planning C. Demand and Capacity Options AGGREGATE PLANNING III. Basic Strategies for Meeting Uneven Demand IV. Techniques for Aggregate Planning A. Informal Techniques B. Mathematical Techniques V. Aggregate Planning in Services VI. Disaggregating the Aggregate Plan VII. Master Scheduling A. Inputs B
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student should be able to: 1) Differentiate between productivity, effectiveness, efficiency, and other performance measures for operations management. 2) Explain the factors that make a service operation more difficult to manage as compared to a manufacturing operation. 3) Compare and contrast the different types of conversion systems (i.e., project, job shop, mass production, and continuous process). 4) Use project management techniques to execute a project. 5) Develop and use a process control
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systems and to be able to truly evaluate the most effective systems in the market today, you need to first ask the question, what’s an erp system? enterprise resource planning better known for its shortcut (erp)systems integrate internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, customer relationship management, etc. ERP systems automate this activity with an integrated software application. The purpose of ERP is
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INSERT TEACHERS NAME INSERT CLASS NAME AND NUMBER 13 November 2015 Royal Crown Derby ERP Case Every day in every town, in every state, in every country there are people who start their own businesses. Some of these businesses succeed and some of them fail, so everyday these people are asking themselves “Why did I fail? Where did I do wrong?” Those that fail can be businesses that had been open and thriving for many years, along with those that just opened and never even gets their name out
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INTRODUCTION Cisco Systems was started by a team of husband and wife, Leonaid Bosack and Sandy J. Lerner in 1984. They developed the first specialized microcomputer that enable two or more networks communicate with each other by deciphering, translating and funnelling data between them. This microcomputer also called as “multi-protocol” router has opened up and boosted the functionality of the Internet world. Over the years, Cisco managed to become the spearhead in the data networking equipment
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at a time will save the company $2,000 per year. c. buying 100 at a time will save the company $1,100 a year. d. buying 100 at a time will save the company $900 per year. e. buying 100 at a time will save the company $200 a year. 5. Closed-loop MRP: a. is a system which closes the loop between the supplier and the purchaser. b. requires a feedback loop between purchasing and accounting. c. provides a feedback loop between capacity and the master production schedule.
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at a time will save the company $2,000 per year. c. buying 100 at a time will save the company $1,100 a year. d. buying 100 at a time will save the company $900 per year. e. buying 100 at a time will save the company $200 a year. 5. Closed-loop MRP: a. is a system which closes the loop between the supplier and the purchaser. b. requires a feedback loop between purchasing and accounting. c. provides a feedback loop between capacity and the master production schedule.
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Ted James Operations Strategy Download free ebooks at bookboon.com 2 Operations Strategy © 2011 Ted James & Ventus Publishing ApS ISBN 978-87-7681-828-9 Download free ebooks at bookboon.com 3 Operations Strategy Contents Contents 1 Introduction 7 2 Defining Operations Strategy 8 2.1 What is Operations Management? 8 2.2 The Role of Services in Operations Management 8 2.3 What is Strategy? 9 2.4 What is Operations Strategy
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